Tag: Airbnb

Hotels don't actually appear to be that scared of Airbnb — yet
The hotel industry has been turning up the volume on its opposition to Airbnb in recent weeks. But it's not clear that the hotel operators themselves are getting more worried about the threat Airbnb poses to their business — judging from what they …Read more on Washington Post

Loan woes loom at Hilton hotels in Lisle, Northbrook
The hotels—the 309-room Hilton Lisle/Naperville and the 243-room Hilton Chicago/Northbrook—have been losing money since 2008, unable to generate enough cash to cover debt payments even as the hotel market has fully recovered from the recession, …Read more on Crain’s Chicago Business

More People Who Use Airbnb Don't Want to Go Back to Hotels
Specifically, the survey found that 79% of consumers who hadn't used Airbnb or other “peer to peer lodging” sites prefer traditional hotels, but that number dropped by half to 40% for those who had. “We find it interesting that people 'do a 180' in …Read more on Fortune

2 Denver hotels swept up in 8 million buy
American Realty Capital Hospitality Trust Inc. has acquired two Denver hotels as part of a six-property portfolio acquisition that totaled $ 108.3 million. The 160-room Fairfield Inn & Suites Denver Airport, at 6851 Tower Road and the 124-room …Read more on Denver Business Journal (blog)

WoodSpring Hotels launches new prototype; first Signature hotel to open this year
For now, the company plans to open eight Signature hotels in the greater Pittsburgh, Boston, Houston and Seattle markets, said a WoodSpring spokeswoman. The Pittsburgh area location, in Cranberry, Pa., is scheduled to open later this year, she said.Read more on Wichita Eagle